Tuition rates keep skyrocketing! No wonder many Hispanics are not able to finish college. Hispanics that do finish college do so with an enormous amount of student loans. The truth is that many can finish academically but financially they are not capable of paying for the next semester. That is why Hispanics tend to borrow more money from the government. To be honest that is why the government is willing to lend more money to Hispanics.
Borrowing money is always an option for Hispanic students. It’s scary to think about the amount of money that is borrowed every semester from students attending colleges and universities. It’s like nobody is willing to work and save for what they want anymore. Yes, education is an investment but invest your own money not the banks money. I cannot explain to everyone the feeling of finishing College and Grad school with Zero Debt, no student loans, no Sallie Mae. I get to keep my paychecks now, its awesome.
Was it always awesome? No. I hated having to pay large amounts of money because I didn’t receive scholarships and grants. I hated to save up money just to pay for school when everyone else had nice cars and nice clothes and the latest gadgets and computers. The only scholarship that I received from an outside source was through Hispanic Scholarship Fund (http://www.hsf.net/). In order to apply I had to be going full time so I signed up for three graduate level courses and I was working full time and working as a youth minister at a local church. This was the busiest time of my entire life and I did so just for the chance of receiving a scholarship. One day in the mail when it was time to pay my tuition, I received a check from Hispanic Scholarship Fund in the amount of $2,500 made out to me. It was made available through Target Corporation (http://www.target.com/) and so now they have a Hispanic customer for life.
Can students really graduate debt free? If they work while they are in school and apply for all the scholarships and grants they can get, it could be done. All I know is when I have a child I am going to open up an Educational Savings Account for that child so they won’t have to work as hard as I did. I’m debt free hispanic and I have already changed my family tree by being the only one in my family to recieve a bachelors or a masters degree. I may be the only one without Hispanic Debt as well. http://www.debtfreehispanic.com/
